Key points from the WRA on the Wisconsin Housing Report for May 2024. Home Sales: May marks the beginning of the traditional peak season for home sales with this year’s sales rising 11% compared to May 2023. Regionally, home sales rose by double-digit margins in all but one area with the strongest growth seen in […]
Key points from the WRA on the Wisconsin Housing Report for January 2023. Home Sales: With strong buyer demand and ongoing improvements in listings, existing home sales went up dramatically in Wisconsin. Home sales rose 25.7% in April relative to that same month last year. Compared to April 2023, home sales rose in April 2024 […]
Key points from the WRA on the Wisconsin Housing Report for January 2023. Home Sales: Home sales rose 3.2% compared to last year’s March. Both existing home sales and median prices increased by solid margins compared to a year earlier reflecting robust demand conditions even as supply remains tight. Home Prices: The median home price […]
With the current state of the market bringing us high interest rates and low inventory, homebuyers have shifted their wants and needs. Among the top design trends for 2024 is a shift to better, not bigger homes. The average size of a new home continues to inch smaller as affordability becomes more difficult. People are […]
Key points from the WRA on the Wisconsin Housing Report for December 2023. Home Sales: While the limited supply of homes on the market kept December sales down 6.2% compared to December 2022, fourth quarter sales performed better than the first three quarters of the year. The total existing home sales for this year were […]